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Tracker Mortgages - An Essential Guide
If you're in the market for a tracker mortgage then there are a number of things you should consider before taking the plunge. Getting a tracker mortgage can be the best financial decision you ever make and save you large sums of money on your monthly repayments. It's essential that you know exactly what you're doing though as it's very easy to get stung. Let's start by explaining exactly what a mortgage tracker is. It's essentially a variable Read More... -
The Basics of Tracker Mortgages
There are several different types of methods for interest to be charged on mortgages. Tracker mortgages have a variable interest rate that moves roughly in line with the Bank of England Base Rate (BoEBR). Another popular type of interest rate is a fixed rate which does not move in line with the base rate. The interest rates on tracker rate mortgages are quoted as a fixed percentage above the base rate and will normally exist for a short period, Read More... -
Are Tracker Mortgages Worth It?
Tracker mortgages are one of the most common types of mortgage around, but they can be confusing if you are new to the mortgage world. Tracker mortgages have a number of benefits as well as dangers, and it pays to know about these before shopping around. If you are looking for a mortgage then here is some advice about tracker mortgages and if they are right for you: What is a tracker mortgage? A tracker mortgage is fairly similar to a normal va Read More...
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